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Canadian Home Sales at 4-Year High for the Month of September
The non-seasonally adjusted national average home price was $676,154 in September, up 0.7% from one year ago. Continue Reading Canadian Home Sales at 4-Year High for the Month of September
Canadian Home Sales at 4-Year High for the Month of September
The non-seasonally adjusted national average home price was $676,154 in September, up 0.7% from one year ago. Continue Reading Canadian Home Sales at 4-Year High for the Month of September
Report: Little Change in Real Estate Agent Commissions Since NAR Settlement
The average buyer’s agent commission was 2.40% for homes sold in the first quarter, according to a data report from Redfin (NASDAQ: RDFN), up from 2.37% in the fourth quarter of 2024 and from 2.36% in the third quarter of 2024 when the new National Association of...
Single-Family Housing Starts Down 2.1%
Single-family housing starts in April were at a rate of 927,000, according to new data from the US Census Bureau and the Department of Housing and Urban Development. This is 2.1% below the revised March figure of 947,000. Privately-owned housing starts in April were...
Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April
Ginnie Mae announced that its mortgage-backed securities (MBS) portfolio outstanding reached $2.74 trillion as of April. The April issuance encompassed $42.2 billion in total MBS, resulting in a net portfolio growth of $10.6 billion. This included $40.7 billion in...
NEWS & CURRENT EVENTS
Evergreen Home Loans Expands into New Mexico
The company is opening new branches in Albuquerque and Carlsbad, under the leadership of Area Manager Barry Abt. Continue Reading Evergreen Home Loans Expands into New Mexico
New Coalition Seeks to Address Challenges Facing Canadian Housing Market
Problems from the new trade war exacerbate pre-existing issues. Continue Reading New Coalition Seeks to Address Challenges Facing Canadian Housing Market
Don King Punched with $5.35 Million Foreclosure Lawsuit
The property in question is a 40-year-old, 46,467-square-foot warehouse that King acquired for $3 million in 2000. Continue Reading Don King Punched with $5.35 Million Foreclosure Lawsuit
Mortgage Application Activity Up 11.2%
The VA share of total applications increased to 15.9% from 14.6% from the week before. Continue Reading Mortgage Application Activity Up 11.2%
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Mortgage Application Activity Up 2.8%
The Refinance Index was up by 14% from the previous week and was 10% higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 2.8%
Former NYC Prison to be Repurposed as Affordable Homeownership Complex
New York Gov. Kathy Hochul said the project is part of the state’s goal to “reimagine what’s possible at underutilized jails and prisons.” Continue Reading Former NYC Prison to be Repurposed as Affordable Homeownership Complex
The Top Second Home Market for 2023 Is…
Rhode Island’s Newport County recorded a 64% year-over-year increase in second home transactions, Continue Reading The Top Second Home Market for 2023 Is…
CBC Mortgage Agency Introduces Temporary Rate Buydowns
The new feature functions as either a 2-1 buydown or a 1-0 buydown, lowering the interest in the first years of homeownership. Continue Reading CBC Mortgage Agency Introduces Temporary Rate Buydowns
BridgeCore Capital Announces New Middle Market Commercial Real Estate Loan Program
The program provides borrowers a two-to five-year loan term, on loans ranging from $10 million to $30 million-plus. Continue Reading BridgeCore Capital Announces New Middle Market Commercial Real Estate Loan Program
Study: Mobile Home Values Increased More Than Site-Built Single-Family Homes
The average sales price of new mobile homes sold in the U.S. rose by 77.1% between 2017 and 2022. Continue Reading Study: Mobile Home Values Increased More Than Site-Built Single-Family Homes
Publix Super Markets Charities Donates $10 Million to Southeast Housing Nonprofits
Since 2015, PSMC has donated more than $43 million to nonprofits that build homes and provide emergency shelter and transitional housing. Continue Reading Publix Super Markets Charities Donates $10 Million to Southeast Housing Nonprofits
Jeremy Edmiston Named US Lead for BTR/SFR at Cushman & Wakefield
Based in Dallas, Edmiston and his team oversee a property management portfolio of 9,500 homes and a pipeline of more than 2,500 homes. Continue Reading Jeremy Edmiston Named US Lead for BTR/SFR at Cushman & Wakefield
Angel Oak Capital Advisors Taps Sumit Sasidharan as Head of Commercial Real Estate
Sasidharan comes to Angel Oak from Ares Management, where he served as managing director and co-head of real estate capital markets. Continue Reading Angel Oak Capital Advisors Taps Sumit Sasidharan as Head of Commercial Real Estate
CoreLogic: Home Prices Up 4.7% in October
CoreLogic projects that annual home price growth will relax to 2.9% by October 2024. Continue Reading CoreLogic: Home Prices Up 4.7% in October
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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